I

Invest Detroit

46 employees

Detroit Innovate is an early-stage investment fund focused on private sector financing.

Investor insights

Sectors invested in

Software10
Enterprise Software6
Health Care4
Information Technology4
Internet4
Hospital3
E-Commerce3
Stimulant Use Disorder2
Employee Engagement2
Digital Health2
Harm Reduction2
Opioid Use Disorder2
Alcohol Use Disorder2
Risk Management2
Compliance2
Polychronic Care2
Mental Health2
Behavioral Health2
Depression2
Care Navigation2

Funding rounds participated in

$2.5M sweet spot round size

Most of their 23 investments are in rounds between $950K and $5M

Investor type

Micro VC
Venture Capital

Basic info

Industry

financial services

Sectors

Financial Services
Finance
FinTech

Date founded

1995

Investments made

T

Treehouse raised $10M on August 9, 2023

Investors: Montage Ventures, Trucks Venture Capital, Assurant Ventures, Gutter Capital, Holman Growth Ventures, Virta Ventures and Invest Detroit

P

Plinqit raised $5M on February 22, 2022

Investors: JAM FINTOP, Michigan Rise, FINTOP Capital, 4Front Credit Union, Red Cedar Ventures and Invest Detroit

F

FlexTal raised $2.5M on February 1, 2021

Investors: Studio VC, Unicorn Venture Partners and Invest Detroit

O

Orbion Space Technology raised $9.2M on August 28, 2019

Investors: Material Impact, Invest Michigan, Wakestream Ventures, Boomerang Catapult, LLC. and Invest Detroit

W

Workit Health raised $5M on January 31, 2019

Investors: The Blue Venture Fund, Wakestream Ventures, Lux Capital, Endeavor Catalyst, Montage Ventures, Bossa Nova Investimentos and Invest Detroit

S

SpellBound raised $750K on December 4, 2018

Investors: M25, Invest Michigan and Invest Detroit

U

Undisclosed raised $1.5M on July 5, 2018

Investors: Portfolia, Michigan Angel Fund, Chloe Capital, Invest Michigan and Invest Detroit

R

Ripple Science raised $1.8M on June 15, 2018

Investors: Invest Michigan and Invest Detroit

P

PawnGuru raised $2.5M on February 26, 2018

Investors: Mucker Capital, Impact America Fund and Invest Detroit

W

Workit Health raised $3M on August 8, 2016

Investors: Montage Ventures, Wakestream Ventures, Lux Capital and Invest Detroit

FAQ